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The differences between business executives and business partners can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a business executive, becoming a business partner takes usually requires 8-10 years. Additionally, a business partner has an average salary of $96,324, which is higher than the $63,101 average annual salary of a business executive.
The top three skills for a business executive include customer service, customer satisfaction and revenue growth. The most important skills for a business partner are analytics, project management, and customer service.
| Business Executive | Business Partner | |
| Yearly salary | $63,101 | $96,324 |
| Hourly rate | $30.34 | $46.31 |
| Growth rate | 6% | 10% |
| Number of jobs | 138,097 | 106,251 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 65% |
| Average age | 44 | 39 |
| Years of experience | 6 | 10 |
The duties of a business executive depend upon their position and industry of employment. In general, they are in charge of spearheading and overseeing business operations to ensure that everything runs smoothly and efficiently. They typically have the power to make corporate decisions, set goals and budgets, establish guidelines and timelines, negotiate with potential business partners, and develop business strategies to optimize overall operations. Moreover, a business executive implements and promotes company policies and regulations, creating new ones as needed.
A business partner is an individual who is involved in a legal business partnership with other individuals to manage a business as co-owners. Business partners invest their money into the business, and each partner benefits from any profits and sustains part of any losses. They must file with the state in which they do business and are governed mostly by state laws. Business partners can also be either liable or not for the actions taken by the company.
Business executives and business partners have different pay scales, as shown below.
| Business Executive | Business Partner | |
| Average salary | $63,101 | $96,324 |
| Salary range | Between $29,000 And $135,000 | Between $66,000 And $140,000 |
| Highest paying City | Albany, NY | San Francisco, CA |
| Highest paying state | New York | Washington |
| Best paying company | The Walt Disney Company | ZS |
| Best paying industry | - | Technology |
There are a few differences between a business executive and a business partner in terms of educational background:
| Business Executive | Business Partner | |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 65% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Georgia |
Here are the differences between business executives' and business partners' demographics:
| Business Executive | Business Partner | |
| Average age | 44 | 39 |
| Gender ratio | Male, 59.9% Female, 40.1% | Male, 56.2% Female, 43.8% |
| Race ratio | Black or African American, 6.1% Unknown, 4.3% Hispanic or Latino, 15.0% Asian, 6.3% White, 67.8% American Indian and Alaska Native, 0.5% | Black or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 10% | 10% |